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Until the mid-seventies, SMEs had a minor role in economic development due to the dominance of the mass production paradigm in the industry. After this period, this paradigm was increasingly challenged, leading to large firms’ fragmentation, unemployment growth and creation of new SMEs (Acs, 1992; cited in Fathian et al., 2008). When in the early 1980s unemployment rose in many of the European economies, the interest in SMEs development and self-employment (through micro businesses) intensified. Many studies were undertaken during that period and a vision for SMEs based economic growth was developed. Many nations, particularly developing countries, have acknowledged the value of small and medium enterprises, which are seen as the engine of growth for any economy (Okpara, 2009). However, recent global changes have forced manufacturing organizations across the globe to reconsider their management techniques and tools.